GEONOVUS MEDIA CORP. announces it has amended an agreement with Glenmark Capital Corp. whereby Glenmark will now own 100% of the Scotia Project, located in B.C. GeoNovus will receive one million shares of Glenmark subject to TSX Venture approval.
Almaden Minerals Ltd. announces that an independent NI 43-101 Technical Report, for its copper-gold El Cobre Project, Mexico, has been completed and filed on SEDAR. Almaden holds a 100% interest in the Project subject to a sliding scale royalty payable to a third party.
Darnley Bay Resources Ltd. announces that a 1,500- to 2,500-metre, 10 drill hole program operated by Eastmain Resources Inc. is underway to test approximately 10 very highly prospective VTEM geophysical targets coinciding with the Crete-du-Coq ultramafic intrusion.
Wildcat Exploration Ltd. is pleased to announce that it has entered into non-binding letters of intent with three property owners to acquire diamond exploration properties in the Pikoo and Fort a la Corne diamond exploration areas of Saskatchewan, as well as gold properties in the Flin Flon - Snow Lake mining area of Manitoba.
Milhouse Engineering & Construction, Inc., has signed a memorandum of understanding (MOU) with the Federal Republic of Nigeria and its Ministry of Power to create energy from coal to increase the amount of power that Nigeria generates over the next five years.
Falco Resources Ltd. is pleased to announce it is accelerating the development of the Horne 5 deposit.
Para Resources Inc. announces that the Company and Angra Metals Mineração Ltda., a wholly-owned subsidiary of the Company, have executed an agreement dated May 11, 2015 with Mineração Iraja S/A, bringing into effect a Mineral Rights Purchase and Sale Agreement.
First Mining Finance Corp. announces that it has entered into a definitive arrangement agreement with Coastal Gold Corp. under which First Mining will acquire all of the outstanding common shares of COD on the basis of 0.1625 common shares in the capital of First Mining for each COD common share by way of a plan of arrangement under the Business Corporations Act (Ontario).
Forum Uranium Corp. ("Forum" or the "Company") will conduct ground gravity and radon surveys on its 100% owned Fir Island Project to define drill targets along the newly identified East Channel Structural Corridor. Five holes from the recent drill program encountered intense alteration (quartz dissolution, dravite and sudoite alteration minerals) within sandstones over a major structural lineament (Figure 1). Secondary hematite and weakly anomalous radioactivity were intersected in the last three holes (FI-8, 9 and 10) of the winter drill program. Assay results are pending.
Cypress Development Corp. ("Cypress" or the "Company") is pleased to announce it has entered into an Option Agreement with Robert D. Marvin (the "Optionor") of Reno, Nevada to earn a 100% interest in the 1056 acre (48 claims) Frost gold property (the "Property") located in Malheur County, south eastern Oregon, approximately eight miles west from Calico Resources Grassy Mountain gold project. The Calico Resources Grassy Mountain gold project is currently tracking to a production scenario based on major exploration programs completed by Newmont and Seabridge Gold.
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